Fourteen national teams from six countries and territories will attend the Samsung Vietnam Cup 2006 - an open Taekwondo competition scheduled for this weekend. The three-day event, on from August 25-27, will see Taekwondo fighters competing in sixteen weight categories from both men's and women's in Phan Dinh Phung sports house in Ho Chi Minh City. … [Read more...] about Samsung Vietnam Taekwondo cup 2006 kicks in this week
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Samsung Vietnam posts $1 bil cell phone export turnover
South Korea's Samsung Electronics announced Friday that its mobile phone factory in Vietnam has recorded an export turnover of US$1 billion, making the plant one of the company's most successful projects worldwide. Samsung's mobile phone factory in Vietnam … [Read more...] about Samsung Vietnam posts $1 bil cell phone export turnover
Samsung Vietnam plans $32 billion export value in 2015
VietNamNet Bridge – Samsung’s plan for $32 billion in export value was submitted to Prime Minister Nguyen Tan Dung by the Minister of Planning and Investment Bui Quang Vinh on Monday. Vinh said the Ministry of Planning and Investment had examined Samsung Vietnam’s exports in 2014 and confirmed the figure of $26.3 billion. For the 2015 plan, Minister Vinh said that Samsung Vietnam has had two new factories in Bac Ninh and Thai Nguyen, but its turnover has dropped because of Apple’s competition. Currently, it has passed Apple and Huawei (China) thanks to the new product - a steel-covered Galaxy. "Samsung has announced its export plan of $30 billion this year. We have checked the two factories in Thai Nguyen and Bac Ninh and saw that the Thai Nguyen factory can yield at least $16-18 billion and $18 billion for the Bac Ninh factory, so it is almost certain that Samsung Vietnam can reach $32 billion or more," Vinh said. In addition, the Minister said that … [Read more...] about Samsung Vietnam plans $32 billion export value in 2015
Samsung Vietnam gets sweet tax cut deal
Samsung Electronics Vietnam has received what the Vietnamese government has called the "best deal" in tax breaks for its investments in the country. Local media reported that the deal was struck in mid-September, nearly one year after the company began seeking incentives for expanding facilities and developing advanced technology at its plant in the northern province of Bac Ninh. The factory produces hi-tech devices including mobile phones and tablets. The company last year sought tax incentives for the expansion project of its existing plant. It had already had the same preferential treatment for the existing plant. Current investment regulations in Vietnam rule out incentives for expanding existitng projects. … [Read more...] about Samsung Vietnam gets sweet tax cut deal
Samsung Vietnam prioritizes local part suppliers, but few qualify: general director
Samsung is willing to partner with local part suppliers but there are in fact few qualified businesses, the general director of the electronics titan's Vietnam complex has said. Tuoi Tre (Youth) newspaper in an interview published Thursday. … [Read more...] about Samsung Vietnam prioritizes local part suppliers, but few qualify: general director